The ICC International Maritime Bureau (IMB) has commended the India navy’s latest action against piracy off the country’s west coast, which saw a mother ship neutralised and 61 pirates captured. The action undertaken on 14 March 2011, saw the MV Vega-5 captured some 600 nautical miles off Mumbai. The vessel itself had been hijacked by…Details
Last year was not an easy one for most players in the UAE, and wider Middle East, bunker market. While overall figures are not available, the words most used to describe sales were “flat” or, more positively “stable” and it is clear that pressure on margins has continued unabated. Download PDF: Interview with Carston Ladekjaer –…Details
Worldwide supplier of bunker fuels and lubricants, International Bunkering appoints 3 more traders to it’s office in Dubai.
We are pleased to announce that Dowell Lin, Capt. Virendra N. Mishra and Martin Ringsdal Andreasen has joined International Bunkering in Dubai during the last few months. Commenting on the appointment, Managing Director Carsten Ladekjaer, said: ‘We are most pleased to be adding three important members to our existing trading team as a continued effort…Details
If the dwindling vehicle queues on the Sheikh Zayed Road are anything to go by, Dubai still has a long way to go before economic growth returns to anything like it was before the Lehman Brothers crash in September 2008. An unusual yardstick it may be, but it is one locals believe is largely representative…Details
International Bunkering Middle East, or IBME, has announced the appointment of Hernan B. Ortiz as a Bunker Trader. He has now joined the bunker trading team in IBME. Commenting on the appointment, Managing Director Carsten Ladekjær, said: ‘We are very proud to welcome Hernan to our team. Hernan has over 25 years of experience within…Details
The global recession is being felt in Fujairah, as elsewhere, but that hasn’t deterred new players from entering the market, as David Hughes reports. A year ago, the tone presentations at the Fujairah Bunkering and Fuel Oil Forum (Fujcon) was optimistic despite the onset of the worldwide economic crisis. One year on, that optimism by…Details